US Congress asks if Russian money funded Trump golf courses
Source: Press Association
US Congress asks if Russian money funded Trump golf courses
Press Association in Scotland
Sat 20 Jan 2018 19.04 GMT
The US Congress has been questioning whether Russian money could have been used to fund Donald Trumps golf courses in the UK and Ireland.
It emerged after the permanent select committee on intelligence at the US House of Representatives released a transcript of the sworn testimony of the former Wall Street Journal reporter Glenn Simpson. Simpson, who works for the consulting firm Fusion GPS, was asked to research then-presidential candidate Trump in 2015/16.
He told the committee that he had looked at the Trump golf courses in Scotland and Ireland as part of his research. Asked whether he saw Russian money involved with them, he replied: Well, we saw what Eric Trump (the second son of the president) said about Russian money being available for his golf for the golf course projects, making remarks about having unlimited sums available.
And because Mr Trumps companies are generally not publicly traded and dont do a lot of public disclosure, we can only look have a limited look into the financing of those projects. But because the Irish courses and the Scottish courses are under UK, you know, Anglo corporate law, they have they file financial statements.
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Read more:
https://www.theguardian.com/us-news/2018/jan/20/trump-golf-courses-scotland-ireland-enormous-amounts-capital-from-unknown-sources